It might surprise many that, despite significant inflation over the past few years, buying a house today is still more affordable as a percentage of take-home pay. The average value of a typical Melksham first-time buyer property has surged by…
Roll the clock back to 1979, a year marked by a seismic shift in the UK government with Margaret Thatcher coming to power. This was a momentous time for the country, symbolising a new direction. Fast forward to 2024, and…
What Melksham Homeowners & Landlords Should Know Now we know Labour will be taking the reins of government and ushering in a new era of policies and promises, particularly in housing and property markets. Their manifesto outlines ambitious plans to…
As an estate agent working in Melksham, I believe it's crucial to provide a comprehensive and realistic perspective on the local and national property markets. This approach aims to dispel the misconceptions often perpetuated by the media. Despite frequent reports…
The system of property transfer we “enjoy” in this country remains relatively archaic. The main difference between England/Wales and most other countries is that we do not yet usually use binding contracts at the time of offer acceptance. This is…
Despite the anticipations and speculations surrounding the UK General Election, its impact on the UK and Melksham property market has been negligible. Market trends, buyer interest, and property values have remained steady, showing no significant fluctuations attributable to the political…
The UK property market has seen significant shifts in recent years, particularly during the pandemic. One of those changes discussed by the Press are the number of properties for sale where the home seller is suffering from ‘buyers regret’. In…
The property market in the UK is a complex and multifaceted entity, characterised by a myriad of factors that influence property prices and values. One of the critical metrics often underutilised to gauge the value of property is the price…
The UK property market has demonstrated remarkable resilience despite facing significant challenges over the past 18 months. Many analysts in the autumn of 2022 predicted a severe downturn in house prices, driven by economic uncertainty, a cost-of-living crisis, and rising…
Over the past few years, the UK rental market has experienced significant fluctuations, with rents increasing dramatically during the Covid-19 pandemic. Between 2020 and 2022, demand far exceeded supply, driving rents to unprecedented levels. In the South West for example,…